Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Gordon Graham my hope is that policymakers will see the error of allowing a debt deflation to take hold and move accordingly. We saw the same sort of recurrent political situation regarding debt, fiscal deficits, and stimulus in Japan. This was devastating for the stock market but the economy survived. I look at it from an investor’s standpoint and that means rotating portfolio sectors every o often rather than using a bu and hold strategy. if one rotated int financials in 2009 and then into cyclicals, the time has long come to rotate out and into technology or consumer staples depending upon risk tolerance. But people need to voice their discontent or the policy mistakes will mount